Tuesday, October 1, 2013

How To Get Rich - Invest Your Time

Do you waste a lot of your time doing non productive things ?

Do you get caught up in today's many distractions ?

Many do, but you must try to limit these distractions !

Time Distractions

Time is something that once it is gone you will never get back. We all have only so much time in a day and week to accomplish our goals and dreams. How you spend your time is vital to your future success.

I am sure you have all heard of the latest craze Candy Crush Saga, the mobile game app that is catching the world by storm. This is a great product for the developers and the mobile phone companies. It is estimated to rake in over $600,000.00 per day each and every day. I wish I had a piece of that income stream.

This is an example of the latest in the many of today's distractions. My prediction is, because there is so much money to be made, we will see many more of these types of distractions in the future.

Focus Your Time  

In order to limit the many distractions we much learn to plan and prioritize our daily activities. If you have no plan of how to spend your time, guess what happens ? You will most certainly waste a good portion of it on one or more of today's many distractions. Guaranteed, because they become addictive.

I am not saying that you should not have recreational time. Recreational time is vital to avoid burnout. However, it must be scheduled and prioritized just like any other task. A limit must be placed on this Rec Time or else it will eat into your Productive Time.

Invest Your Time  

It has always been said that you get out of something exactly what you put into it. What this means is that the more time you spend on a task, the more you should benefit in the end. I know personally that I spend a great deal of my time researching different investment markets. That is exactly why I have been so successful with most of my resulting investments.

Simply put, you must invest your time before you invest your money. Even by reading this blog you are investing your time in gaining the knowledge needed before you invest your money in something. You are heading in the right direction.

What To Do  

Schedule your time, both productive time and recreational time. Do not let today's many distraction eat into your productive time. Be careful not to become addicted to games, etc. They will consume you in many ways if you let them.

Invest time into your project before investing even a penny. It will be time very well spent and you should be rewarded many times over. Remember, your time is your time. Once it is gone it is gone forever.

As always, I welcome your comments and suggestions for future topics.

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